Mitch's Weekly Market Report

Indianapolis, IN 46205

Condos/Townhomes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Indianapolis, IN 46205

Sun Apr 26 2026
This week the median list price for Indianapolis, IN 46205 is $177,500 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 9. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Indianapolis, IN 46205

Sun Apr 26 2026
This week the median list price for Indianapolis, IN 46205 is $177,500 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 9. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $177,500
Median Price of New Listings $245,000
Per Square Foot $125
Average Days on Market 135
Median Days on Market 105
Price Decreased 89%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 35
Slight Seller's Advantage

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$269,000 1,767 0 - 4,500 sqft 2 1.5 22 1 1 14
$178,700 1,479 - 2 1 57 0 0 360
$151,500 1,232 0 - 4,500 sqft 2 2 26 0 0 63
$131,400 1,524 0 - 4,500 sqft 2 2 61 0 0 143